After Macau posted better-than-expected monthly gambling revenue Tuesday, some "Fast Money" traders contended that Wynn Resorts shares could continue to rise.
The Chinese territory said gambling revenue fell 0.1 percent in February year over year to 19.5 billion patacas ($2.4 billion), beating analysts' expectations of a 2 to 10 percent drop. Macau gambling revenue has fallen 21 straight months, but February was the smallest decline in 20 months.
Wynn, a major casino operator, posted net revenue of $555.7 million for its Macau unit in the fourth quarter. The segment has hit its business, but Wynn shares have climbed 22 percent this year.